[Circle's On-Chain Forex Engine StableFX Launches on Arc Mainnet] Odaily Planet Daily reports that Arc's official announcement states Circle's on-chain forex engine, StableFX, is now live on the Arc mainnet. Arc is a blockchain launched by Circle, designed for stablecoin and payment scenarios. StableFX supports 24/7 settlement, enabling near-instant or delayed settlement, ensuring that both parties either receive funds simultaneously or neither does. It also allows trading with multiple vetted counterparties through a single contract, utilizing a unified RFQ model for pricing. The global forex market sees a daily trading volume of nearly $10 trillion, most of which still relies on traditional trading hours.